Global Head Mounted Display Market Trends, Forecast Report 2025-2037
Head Mounted Display Market size was valued at USD 10 billion in 2024 and is expected to reach USD 1.7 trillion by the end of 2037, rising at a CAGR of 47% during the forecast period, 2025-2037. In 2025, the industry size of head mounted display is estimated at USD 16 billion.
The head mounted display market has witnessed exponential demand from the healthcare and defense sectors. The industry has a complex supply chain reliant on advanced manufacturing technologies. Components, including semiconductors, OLED microdisplays, and sensors, particularly the ones sourced from China, contribute to the market supply chain. South Korea and China have a high concentration of assembly lines. However, the 204 U.S. tariffs imposed on APAC countries led to a surge in manufacturing expenditure by 3%. The consumer price index or CPI for wearable displays, virtual reality, along with other consumer electronics, surged by approximately 3% between November 2023 to November 2024. During the same timeline, the producer price index (PPI) increased by 1.4%, which signifies rising input costs for supply chain components.
